From July 1st to July 15th, 2023, the Luxe.CO Biweekly Ranking featured a total of 42 updates from 30 luxury brands in the Chinese market. These updates included 11 marketing highlights, 7 store expansion/renovation updates, 20 announcements of pop-up store openings, 1 update on online channel expansion, and 3 endorsements by Chinese celebrities.
For the second half of the 2023 fiscal year, the group anticipates excellent growth opportunities in all regions and across all price segments. However, the only concern is the unfavorable currency environment that could potentially pose challenges.
From July 1st, 2023, to July 15th, 2023, Luxe.CO Sports and Outdoor Brand Ranking compiled a total of 34 latest updates on 27 sports and outdoor brands/companies in the Chinese market.
Luxe.CO’s comprehensive coverage of brand and business portfolio changes of luxury giants from January 2019 to June 2023
The inspiration for the three fragrances comes from rare plants of the Medici era and the gardens of several villas built by the Medici family, which were designated as UNESCO World Heritage sites in 2013.
The sales in the US market experienced a significant year-on-year surge of 52%, reaching £653 million, which accounted for 42% of the group’s total revenue.
“Bespoke customization is undoubtedly the pinnacle of products. At JOHN LOBB, customers can have a unique pair of shoes made specifically for their feet.”
China’s mainland achieved double-digit growth, while Hong Kong and Macau experienced triple-digit year-on-year growth.
Pettenon Cosmetics has achieved an impressive 70% of its revenue from overseas markets, with its products exported to 114 countries.
According to reports, this transaction does not include the Pal Zileri brand, which is still fully controlled by the Qatari fund Mayhoola.